1. The estimate is just an indication

Remember, the estimate is just that, merely an indication of what the piece is worth. If lots of people want the item the cost can spiral, but if fewer are interested you might bag a bargain.

2. Do your research

Get as much information about the item before you start, read the information carefully in advance and don’t be afraid to email the auction house in advance for more photos or information.

3. Choose your limit

Decide your limit before the bidding starts, “Follow your wallet not your heart. You can get emotionally caught up in the thrill of the moment and continue bidding beyond what you can afford. Say to yourself: ‘What is this item worth to me?’”

4. Look out for extra charges

Check additional charges before you bid.

5. It is a contract to buy

Remember, when the auctioneer bangs the gavel down at the end of bidding, it establishes the hammer price and it is a contract to buy.

6. Place an auto bid

The Auto-Bid System automatically places bids for you in a very efficient way. Using the Auto-Bid System guarantees your bid will be placed in the last 20 seconds. You’ll never have to worry about losing your Internet connection or getting distracted in the final seconds because Auto-Bid System will bid as you instruct it to.



7. Keep an eye on the deadline

The bidding process runs over days, hotting up as the sale deadline approaches. You receive email alerts as you win the item. But be mindful, “In the last minutes, the price can explode”.

8. Pay up quickly

Once successful, you will have 5-10 bank days to pay and make transport arrangements for your piece of treasure. It’s worth doing this quickly as some auction houses charge storage fees after a few days.

9. Go with your heart

What to buy? Buy with your heart, then you are more likely to enjoy the item and keep it longer.

10. Remember the date

Don’t forget to note the date and time of the sale, so you are sure not to miss it.